Northern Dragon: Intends to purchase 51% stake in Shunyi Technology for 426 million yuan.

Northern Dragon announced on April 23 that the company intends to purchase 51% of the shares of Shenyang Shunyi Technology Co., Ltd. from Li Yingshun, Zhao Jianzhe, and other parties through cash payment. The total value of the transaction is 426 million yuan. Shunyi Technology's main business includes research and development, production, sales, and services of intelligent inspection equipment, health management systems, maintenance support equipment, and simulation systems. This acquisition will help the listed company expand into the field of military intelligent equipment from being a supplier of military non-metal composite materials. This transaction constitutes a major asset restructuring, but it does not constitute a restructuring for public listing and is not considered a related transaction.